VOL. XXXI

NO. 21

29-FEBRUARY-1988

IRAQ

Joint Ventures Established with Jordan and Egypt

Iraq and Jordan established last week a joint venture in the field ofchemical detergents. The company is based in Baghdad and will engage in themanufacture of accessories required by related industrial projects in the twocountries as well as supervise the manufacture and marketing of chemicaldetergents. The company is capitalized at $27.50mn with 51% of the shares heldby the Iraqi and Jordanian Governments,...